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Japanese government considers relaxing digital asset rules

February 4, 2022
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On Feb. 4, Japan’s Financial Services Agency (FSA) is considering relaxing digital asset rules to make it easier for registered cryptocurrency exchanges to list digital assets on the local retail trading market.

It is reported that the Japanese government is already considering submitting a proposal, which states that if a digital asset has been listed on three exchanges in Japan for more than six months, then the asset will not have to undergo additional screening. Once the new rules are passed, it means more registered exchanges will not need to go through a lengthy screening process to list certain digital assets, but there has been no final decision on the rule changes.

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